Traders, let's focus on Vedanta Ltd today! 🌟 It's cruising within an upward parallel channel , consistently bouncing off support and surging higher. 🔄 Despite today's market turmoil, consider entering cautiously with trendline support. 📉 Options buyers can explore 250 to 270 CE for liquidity. Let's navigate these waters together! 💼📊
Remember, my analysis is a...
We have a Super strong Fundamentals as they have recently acquired the semiconductor firm.
Also the Price has reacted to a Weekly Demand and Now has also started violating Supplys and respecting Demands hence Buying as the Reward to Risk ratio is favourable.
Price has reacted to a Weekly Demand and has confirmed an Uptrend as per the Daily chart,
Yesterday Price gave a pullback into a Daily Demand with an amazing reward for the risk.
ENJOY THE RIDE ! ! !
Price has a Monthly Supply formed and has to reach it in order to continue the downtrend,
Therefore we have a Weekly Demand which will drive the Price till the Monthly Supply area, the Reward to Risk ratio is 3:1
ENJOY THE RIDE ! ! !
Vedanta is in good mood and in upcoming week company is giving dividend of Rs. 12.5/share so after technical analysis the expected target 🎯 price should be 348.
Note : This is just for Backtesting and Educational Purpose Only.
Vedanta is currently forming a bullish flag pattern
Anytime if it breaks resistance with volumes then it can reach Target 1 and Target 2 in no time
Only hinderance will be dividend record date if it recovers the dividend deduction in quick sessions then the current play will give great returns
Currently I see a breakout might happen above resistance...
Vedanta has broken the daily trend channel, if it starts trading below 257, then we could short the stock with a target of around 250 levels and a Risk to reward ratio of 1:2.
Will VEDANTA be the next ADANI Enterprises?
Broader outlook says it broke out of the decade long sideways trend and is heading for a retest before a massive upside.
A clear Head & Shoulder pattern is visible in daily timeframe , as per the pattern the technical target is around 190 level which also lies in confluence with trendline support.
Volume shows the...
We might get a good returns in 1-2 year, ig
buy now for long term
Has the potential for 500₹ in several months
but one is thing is for It will rise cant say its 500 or 450 but it will
happy investment :)
Vedanta forms a Bullish triangle kind off pattern and if the pattern completes in the next few days we could probably see the levels of 400 in this counter, however 385.90 remains a previous demand zone.
So I have paced a buy call above 373.20 for a Target of 421 with a stop of 334.10.
Look out for good volume size of more than 16.00M
As per NSE we had volumes...
#Vedanta is moving under Horizontal channel and now creating the small Ascending Triangle.
Today stock closed above support trendline and created the Inside Bar with 7 day narrow range candle. You can see reversal in tomorrow trend.
Showing Mix result in Technical Parameter:
CCI were trending down but now reversing
RSI were trending down but now reversing
ROC...
Vedanta Ltd. has begun the process of a voluntary delisting of its shares from the public exchange, with the promoter group planning to buy out the remaining ~49% of non-promoter shares it doesn’t currently own. We spoke about Vedanta Ltd. in our Chart Summit India presentation last month as a stock setup we liked on the long side, so given this news, we wanted to...
